Parametric Models in Spatial Econometrics: A Survey
Diana A. Mendes () and
Vivaldo M. Mendes ()
Additional contact information
Diana A. Mendes: ISCTE-IUL and BRU-IUL
Vivaldo M. Mendes: ISCTE-IUL and BRU-IUL
A chapter in Complexity and Geographical Economics, 2015, pp 51-71 from Springer
Abstract:
Abstract The main purpose of this chapter is to review the parametric spatial econometric models that can be applied to regional economics. Spatial econometric methods are based on regression analysis applied to cases where spatial interactions and spatial structures are fundamental characteristics of the process under discussion. The review presented here outlines the basic terminology, the spatial data dependence, the specification of spatial effects, and some basic spatial regression models, i.e., the spatial autoregressive (SAR) model (or spatial lag model), the spatial error model (SEM), the spatial Durbin model (SDM) and the general spatial models—SAC and SARMA. The maximum likelihood estimation for SAR and SEM models it is also presented with some detail.In the context of the European Union, we should emphasize several empirical works in the particular areas of urban economics, economic growth and productivity, and studies dealing with agglomeration and externalities (spillovers). We provide a brief survey of some of the results obtained in these particular areas.
Keywords: Spatial Autocorrelation; Spatial Dependence; Spatial Weight Matrix; Spatial Error Model; Spatial Econometric (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations: View citations in EconPapers (3)
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:spr:dymchp:978-3-319-12805-4_3
Ordering information: This item can be ordered from
http://www.springer.com/9783319128054
DOI: 10.1007/978-3-319-12805-4_3
Access Statistics for this chapter
More chapters in Dynamic Modeling and Econometrics in Economics and Finance from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().